AFSPANNING DE HOEVE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AFSPANNING DE HOEVE
Largest movements
- Tangible fixed assets -€16,190
down €16,190 (-98.2%), from €16,483 to €294
of which Other tangible fixed assets: -€15,957
- Stocks and contracts -€1,593
no longer reported in 2025 (was €1,593)
- Receivables within one year -€1,071
down €1,071 (-74.0%), from €1,448 to €377
of which Other amounts receivable: -€1,064
- Financial fixed assets -€500
no longer reported in 2025 (was €500)
- Profit (loss) carried forward -€26,498
down €26,498 (-27.5%), from -€96,484 to -€122,981
- Other debts +€8,465
up €8,465 (+10.4%), from €81,061 to €89,526
- Debts after one year -€2,053
down €2,053 (-19.5%), from €10,551 to €8,498
- Trade debts +€1,112
up €1,112 (+28.1%), from €3,956 to €5,068
- Accrued charges and deferred income -€250
no longer reported in 2025 (was €250)
- Financial charges +€15,912
up €15,912 (+3,537%), from €450 to €16,361
of which Non-recurring financial charges: +€15,957
- Gross operating margin -€5,959
down €5,959 (-343%), from -€1,739 to -€7,698
- Depreciation -€3,214
down €3,214 (-93.2%), from €3,447 to €233
- Staff costs -€2,569
no longer reported in 2025 (was €2,569)
- Other operating charges -€778
down €778 (-26.1%), from €2,985 to €2,207
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,029 | €676 | -€19,353 | -96.6% |
| Fixed assets | 21/28 | €16,983 | €294 | -€16,690 | -98.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €16,483 | €294 | -€16,190 | -98.2% |
| Plant, machinery and equipment | 23 | €527 | €294 | -€233 | -44.2% |
| Other tangible fixed assets | 26 | €15,957 | - | -€15,957 | |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €3,046 | €383 | -€2,663 | -87.4% |
| Stocks and contracts in progress | 3 | €1,593 | - | -€1,593 | |
| Stocks | 30/36 | €1,593 | - | -€1,593 | |
| Amounts receivable within one year | 40/41 | €1,448 | €377 | -€1,071 | -74.0% |
| Trade receivables | 40 | €159 | €151 | -€7 | -4.6% |
| Other amounts receivable | 41 | €1,289 | €226 | -€1,064 | -82.5% |
| Cash at bank and in hand | 54/58 | €5 | €6 | +€1 | +9.8% |
| Total equity and liabilities | 10/49 | €20,029 | €676 | -€19,353 | -96.6% |
| Equity | 10/15 | -€77,884 | -€104,381 | -€26,498 | -34.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,484 | -€122,981 | -€26,498 | -27.5% |
| Amounts payable | 17/49 | €97,913 | €105,058 | +€7,145 | +7.3% |
| Amounts payable after more than one year | 17 | €10,551 | €8,498 | -€2,053 | -19.5% |
| Financial debts | 170/4 | €10,551 | €8,498 | -€2,053 | -19.5% |
| Amounts payable within one year | 42/48 | €87,112 | €96,560 | +€9,447 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €1,940 | €1,966 | +€26 | +1.4% |
| Trade debts | 44 | €3,956 | €5,068 | +€1,112 | +28.1% |
| Suppliers | 440/4 | €3,956 | €5,068 | +€1,112 | +28.1% |
| Taxes, remuneration and social security | 45 | €155 | - | -€155 | |
| Remuneration and social security | 454/9 | €155 | - | -€155 | |
| Other amounts payable | 47/48 | €81,061 | €89,526 | +€8,465 | +10.4% |
| Accrued charges and deferred income | 492/3 | €250 | - | -€250 | |
| Remuneration, social security and pensions | 62 | €2,569 | - | -€2,569 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,447 | €233 | -€3,214 | -93.2% |
| Other operating charges | 640/8 | €2,985 | €2,207 | -€778 | -26.1% |
| Gross operating margin | 9900 | -€1,739 | -€7,698 | -€5,959 | -343% |
| Operating profit (loss) | 9901 | -€10,739 | -€10,138 | +€601 | +5.6% |
| Financial income | 75/76B | €605 | €1 | -€604 | -99.8% |
| Recurring financial income | 75 | €605 | €1 | -€604 | -99.8% |
| Financial charges | 65/66B | €450 | €16,361 | +€15,912 | +3,537% |
| Recurring financial charges | 65 | €450 | €405 | -€45 | -10.1% |
| Non-recurring financial charges | 66B | - | €15,957 | +€15,957 | |
| Profit (loss) for the period before taxes | 9903 | -€10,584 | -€26,498 | -€15,914 | -150% |
| Profit (loss) for the period | 9904 | -€10,584 | -€26,498 | -€15,914 | -150% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,584 | -€26,498 | -€15,914 | -150% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.